SOLD
RECENT ADVICE
Sold on 22 Dec 2023 for $550,000

1/5 Lima Place
Pakenham VIC 3810

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 524m2
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Property Details for 1/5 Lima Pl, Pakenham

1/5 Lima Pl, Pakenham is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 524m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom Unit sold in Pakenham in the last 12 months.

Building Type
Unit
Land Size
524m2
Local Government
Cardinia
Lot/Plan
5/PS645422

Last Listing description (December 2023)

This delightful family home is more like house than unit, nested in Pakenham caters perfectly to the needs of a growing family. It's in a great location close to all essential amenities including Beacon Hills College, Pakenham primary and secondary schools, and Pakenham town centre.

With 4 spacious bedrooms, 2 bathrooms and a double garage it is well-suited for comfort andconvenience. The master bedroom has its own walk-in robes and an ensuite while the rest of the bedrooms have their own built-in robes.

The stylishly crafted open-style kitchen overlooks the dining area and an expansive lounge and is fitted with stainless steel appliances, a dishwasher and great cupboard space for storage. Enjoying moments with your family or hosting gatherings with your loved ones, whatever it is you want to do this property provides you with ample opportunities and space.

Additionally, the large backyard and the space around the house provides children the opportunity to frolic about in peace.

What are you waiting for make this Pakenham gem yourvery own and start creating beautiful moments with your family! Enquire now to arrange a viewing.

Disclaimer: All information provided is deemed reliable, but cannot be guaranteed. Prospectivebuyersare advised to conduct their own investigations for accuracy.

Property History for 1/5 Lima Pl, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$550,000
22 Dec 2023
Listed for Rent
$340/w
26 Jul 2016
  • 09 Dec 2023
    Sold for $550,000
  • 29 Aug 2023
    Listed for Sale $530,000 - $583,000 No Owner's Corporation
  • 12 Jul 2016
    Listed for Rent - Price not available
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About Pakenham 3810

The size of Pakenham is approximately 85.9 square kilometres. It has 124 parks covering nearly 5.8% of total area. The population of Pakenham in 2011 was 33,998 people. By 2016 the population was 46,408 showing a population growth of 36.5% in the area during that time. The predominant age group in Pakenham is 0-9 years. Households in Pakenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham work in a trades occupation. In 2011, 67.6% of the homes in Pakenham were owner-occupied compared with 65% in 2016.

Pakenham has 26,456 properties. Over the last 5 years, Houses in Pakenham have seen a 35.09% increase in median value, while Units have seen a 27.84% increase. As at 31 October 2024:

  • The median value for Houses in Pakenham is $695,591 while the median value for Units is $503,582.
  • Houses have a median rent of $540 while Units have a median rent of $460.
There are currently 243 properties listed for sale, and 55 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1223 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Nick Huang
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Just Realty International
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.